North America
Via Bloomberg
Chinese Exports to US Reach $1 Billion Daily Amid Trump's Trade War
China's daily exports to the US total around $1 billion, demonstrating Xi Jinping's bargaining power despite a 55% tariff on Chinese goods during Donald Trump's trade war. This resilience shows many Chinese products remain essential to American markets even with high levies.
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China's daily US exports amount to approximately $1 billion, showcasing Xi Jinping's bargaining power despite six months into Donald Trump's trade war. The resilience of Chinese exports highlights the essential nature of its products, even after US levies of 55%. This phenomenon underscores China's continued influence in global trade, despite the ongoing tensions. As a result, Xi is seen to be gaining leverage in negotiations with the US.
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Bloomberg
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